Man Waiving
Master's

M.A. Art, Law and Business

Contact Us

T:+1 212 355 1501 | NewYork@christies.edu

Live Chat

Talk to one of our advisers

Apply Now
Fees: $59,982.00

Features

This full-time graduate program provides an in-depth study of the relationships between art, law and business and how they influence the commerical art world.

The M.A. in Art, Law and Business provides rigorous training for its students combining in-depth academic coursework alongside hands-on practical training and workshops.  The curriculum is designed specifically for those interested in developing or furthering a career in the business of art.  Emphasizing practice over theory, the program introduces students to the fundamental tools, skills and concepts of art, law and business. These are essential  prerequisites for anyone wishing to work in the current global art marketplace.

The core pedagogical strategy of the Christie’s Education Art, Law and Business program is based on the premise that utilizing the lens of commerce and law to view art and the art market will serve to enhance our understanding of how the global art market functions. Through this non-traditional approach to the study and examination of art and art markets, students will develop uncommon insight into the dynamics that influence the markets.  

Our program goal is the training of students across the three disciplines of art, law and business resulting in graduates who are equally conversant in art and in commerce and who, therefore, will have the necessary transferable skills to make a smooth professional transition into the global art world. With unparalleled access art market professionals working at Christie’s, students will learn from, and interface with, the current leading practitioners of the art market.  As part of the curriculum, students will travel to domestic and international art destinations to meet with professionals working across the art market landscape, including: art fairs, museums, special exhibitions, conferences, galleries and art investment vehicles.

Over 15 months of intensive study, students take a combined 40 credits to complete their degree. The program concludes with a final term that is exclusively focused on a mandatory internship and an independent capstone project that are each instrumental in helping students to activate their professional careers.

Who should apply?
The program is designed for recent undergraduates as well as existing professionals from other disciplines who wish to gain access to the global art market. Our program is best suited for those aiming to start careers in the management, administration and strategy of commercial entities within the international art world and creative industries.  Graduates typically go onto careers in auction houses, galleries, art fairs and other art related businesses in areas that include business management, business strategy, client services, marketing, public relations and risk management.



Course dates

Orientation Week
September 5 - 8, 2017


Fall Term 2017

September 11 – November 10, 2017

Rosh Hashanah Observed
September 20, 2017

Yom Kippur Observed
September 29, 2017

Fall Term Exam Week
November 13-17, 2017


Winter Term
January 2 – March 9, 2018

MLK Day Observed
January 15, 2018

President’s Day break
February 19-23, 2018

Winter Term Exam Week
March 12-16, 2018


Spring Term
April 2 – June 1, 2018

Passover Observed
March 30, 2018

Memorial Day Observed
May 28, 2018

Spring Term Exam Week
June 4-8, 2018

Study Trip
Dates to be announced


Noah Kupferman
Faculty Member

Noah Kupferman

Program Director, Art, Law and Business

Art Business l, ll, lll
One of the foundational courses in the Art Law and Business Program, Art Business (l, ll and lll) is intended to provide students with a basis of qualitative, quantitative and analytical skills necessary to run a business. The course is designed to provide a general understanding of the commercial and financial markets in general and the art market in detail.

Art Business provides an introduction to the main players and their interaction within the art markets; also introduced are the tools that are necessary to critically assess the markets qualitatively and quantitatively. The Art Business course investigates the dynamics of the art market(s) within the current international economy. Topics covered include: economics, finance, accounting, statistics, spreadsheet construction, marketing and strategy. 

3 credits per term (9 credits total)

Language of Contemporary Art l, ll, lll
This course surveys the history and development of global art market from the 1960s to the present. Its goal is to provide students the necessary art historical background to understand the principles of formal and stylistic components of contemporary art.

The geographic scope will include both established western canon as well as emerging art centers worldwide. The course will progress both thematically and chronologically. The lecture series will introduce students to major artists and movements from across the global landscape. Each week will highlight a theme that examines the recognized artists whose work engages with these issues. It will also include lectures on the watershed exhibitions that define that moment as well as lectures on specific artists. Students will be assessed through mid-term and final exams.

2 credits per term (6 credits total)

Mapping the Art World
The goal of the course is to familiarize the students with the institutions that have historically played an essential role in shaping the art market (private dealers, galleries, collectors, auction houses, critics, museums).

We look at the various players who are central to the global art world. Students will hear from dealers with international galleries, advisors who travel internationally to keep up with art fairs and dealers, curators of international exhibitions and biennials, artists who show works around the world and public relations and marketing firms which will allow students to hear first-hand the issues central to working within a global economy.

In addition to the lecture, students will attend field studies once a week in and around New York. The goal of the field studies is to foster connoisseurship skills and to build an understanding of the current art market and of various art world environments. The field studies are a unique opportunity for students to develop the ability to look critically at artworks and to begin making determinations about value, based on specific criteria. This class will conclude with a trip to Miami Basel Art Fair.

3 credits

Art Law, l, ll, lll
The Art Law course investigates the role that law plays in the commercial art world. It explores key legal instruments used in transactions, the roles of national and international legislation in the governance of the art market and the effects these have on the free movement of cultural objects between key international selling centers.

These courses will provide the students with a knowledge of a range of areas in international art business including: art law and taxation, appraisal/valuation, intellectual property rights, ethics and corporate social responsibility and use of information and communication technology.

2 credits per term (6 credits total)

Digital Strategies
As the world becomes progressively more reliant on smartphones, computers and future technologies, it is logical that global art businesses are devoting more time and resources to developing cogent online business strategies.

This course investigates how technology can be used as a strategic tool for an art or luxury goods business. The goal is to equip students with the digital tools they need to be effective professionals. The course is practical in nature and will allow the student to explore various technologies from databases to social media to graphic design software.

From becoming familiar with online auction strategies to the use of digital tools for exhibition design, this course will allow the students to acquire the necessary business and technological skills that have become crucial for anyone working in an art-related business.

2 credits

Art Finance: Art as an Asset Class
The volatility of traditional asset classes in recent years has driven the search for greater stability of returns via alternative asset classes. The desire to reap higher risk adjusted returns from diversification into assets that offer low and even negative correlation with equities and bonds is extremely desirable.

Investment funds specializing in fine and decorative art investment have emerged that appear to offer a highly beneficial diversification strategy with extremely low correlation with traditional asset classes. It is important for investors to understand the so-called new alternative asset class. Learn about this “new asset class” and how it may fit into a client’s portfolio allocation; learn about how some wealth management firms now look at fine art as a new relationship tool to drive business; finally, learn about the underlying asset itself and how “investments of passion” can drive and increase assets under management.

2 credits

Risk Management and Logistics
The growth of the global art market has been a catalyst for an entire niche economy that has evolved to support this growth. One major business development over the years has been in the area of risk management and logistics for the art market. Risk management often refers to art insurance and deals with ways of preventing and/or minimizing loss – but, risk management and logistics has grown to include much more, including: project management, collection management, storage, transportation, installation, exhibition services and care consultation.

Through a series of lectures, readings, and discussions with guest lecture practitioners, students will learn in detail about this growing area of the art world.

2 credits

Arts Management for Non Profit Organizations
The Arts Management course is designed to provide a general understanding of the main non-commercial art institutions, such as museums, private foundations, and their interaction with the art markets. This course is designed to provide and develop an understanding of methodologies for analyzing the impact of art institutions and services on the wider economy and art market.

2 credits

Collection Management
Issues explored include accessioning procedures, cataloging systems and information management, collections storage and handling, development of collections policies and legal and ethical foundations for gifts and loan agreements. Traditionally, these have been the responsibilities of the registrar or collections manager in a museum setting but with growth of private collections and galleries throughout the world the applicability of these skills has grown considerably and have become crucial to the running of an effective global art business.

2 credits

Auctions, Appraisals and Valuations
Topics of the Appraisals and Valuations course lie at the very heart for fine and decorative art. This course will consider different methods that appraisers use to reflect value, issues of authentication, import and export policies, provenance, etc. The focus of the class will be on the actual production of an Appraisal Report.

1 credit

Capstone Project
This is the culminating independent project that allows students to develop their voice through researching and writing on a topic of their own selection. The project can take a variety of forms. The subject could be a body of work analyzing a sector of the market, a business plan, a study on the impact of a specific area of law or regulation, or another piece of commercial analytical work.

3 credits

Internship
Master’s students pursue full-time internships during their final term. Students secure internships in a wide range of sites including Christie’s auction house, commercial galleries, not for profit art institutions and elsewhere.

2 credits

Study Trip
All M.A. students participate in study trips to a major international art fair or other art event. Students will interact with the art and network with professionals while applying their newly acquired skills in a real-world setting.

Professional Development
Christie's Education offers a series of professional development workshops open to all M.A. students. A combination of Christie’s Professors, art world professionals and Christie’s Human Resources practitioners work closely with our students to enhance their skills in critical career related areas, including: resume and cover letter writing, presentation skills, networking, interviewing, negotiation, and public speaking. These workshops are intended to offer practical skills to complement the training received through coursework, ensuring that all graduates are well prepared for the current job market.

 

Admission Requirements

  • Completed application form
  • Non-refundable application fee of $95
  • Bachelor’s degree or the equivalent international degree
  • Official transcripts in sealed envelopes from all post-secondary institutions attended. All transcripts, diplomas or academic records must be official documents issued by the college or university and provided in the original language. Transcripts in other languages must be accompanied by English translations certified by official translation professionals or agencies
  • All international transcripts must be accompanied by an equivalency report from World Education Services, WES.org
  • Essay statement, 2–3 pages on why you are interested in the program
  • Sample of writing, no more than 10 pages, which can be taken from undergraduate work or written specifically for the application
  • Official GRE score report (optional)
  • Official TOEFL scores report if applicable
  • Three letters of academic or professional recommendation from writers who know the applicant’s abilities well. Letters should be sent in hard copy on letter head with original signatures
  • Personal interview (by invitation only). Invitations will be sent once all application materials have been submitted

All admissions materials, including recommendation letters, must be submitted in hard copy to Christie's Education Admissions, 1230 Avenue of the Americas, 20th Floor, New York, NY 10020.

NOTES: International students enrolled in this program are eligible for F1 Student Visas. Details on how to apply for a visa are included in your admissions packet after being accepted into the program. Students enrolled in the Master of Arts in Art, Law and Business are eligible for federal financial aid, for details email newyork@christies.edu.

 

Student Learning Results

In preparation for careers in the art world, students will:

  • Gain advanced understanding of the structure and inner workings of the commercial art world
  • Acquire in-depth knowledge of the art auction business
  • Develop transferable professional business skills in finance, accounting, marketing and strategy
  • Build personal art business networks through extensive opportunities to interface with leading art world professionals across the art market landscape
  • Become familiar with current research resources for art law and art business
  • Be prepared for employment in the commercial art world and the creative industries worldwide
  • Become conversant in the major trends and issues in contemporary art


 

Christie’s Education students, both current and alumni, have access to the on-site Learning Resources Center (LRC).

Library
The Christie’s Education Library consists of approximately 6,000 books and exhibition catalogues, sale catalogues, journals, e-resources and DVDs. Our library is an excellent resource that we are pleased to be able to offer to our students and alumni. The librarian is available to assist with reference queries during the open hours of the library.

Students at Christie’s Education also have access to a broad range of electronic resources. Through our affiliation with the auction house we have privileged access to Christie’s in-house sales database Lotfinder and to resources such as Artnet, Oxford Art Online and EBSCO Articles.

IT Facilities
Desktop PCs, WiFi access and Canon Multi-functional devices with color printing and scan to USB available.

Additional Resources
Christie’s Education Master's students have orientations on the resources available at New York art libraries such as the Thomas Watson Library at the Metropolitan Museum of Art, the Frick Art Reference Library, the New York Public Library and the libraries of the Museum of Modern Art.

Contact
Karen Maguire
Learning Resources Manager


 

Upon graduation many of our alumni go on to very successful careers in the art world, founding their own businesses, including art consulting firms and galleries, and working at some of the most prestigious cultural institutions in the world, including:

Antique Resources Inc. Chicago

Acquavella Gallery New York

Aran Cravey Gallery Los Angeles

Arario Galley Seoul, South Korea

Art New England Magazine Boston

Art.sy New York

Artists Rights Society New York

Artnet Worldwide New York

ArtViatic Paris

Asia Art Archive Hong Kong

Auctionata/Paddle8 New York

AXA Art Insurance Corporation New York

Baltimore Museum of Art Baltimore

Brooklyn Museum New York

Cai Studio New York

Castor Gallery New York

Chambers Fine Art New York

Christie’s New York, London, Shanghai*

Collectrium New York

Columbia University New York

Cristin Tierney Gallery New York

David Zwirner Gallery New York, Hong Kong

Doyle New York

EFA Project Space New York

FITZ & CO New York

Gagosian Gallery New York

Gallery Hyundai Seoul

Garis & Hahn New York

Gurr Johns Inc. New York

Heritage Auctions New York

Institute of Contemporary Art New York

Invaluable New York

Jack Shainman Gallery New York

James Cohan Gallery New York

Jan Balet Art Preservation New York

Jasper Johns Catalogue Raisonné New York

Kim Heirston Art Advisory New York

Kavachnina Contemporary Miami

Lehman Maupin Gallery New York

Metropolitan Museum of Art New York

Michael Werner Gallery New York

Mnuchin Gallery New York

MoMA PS1 New York

Museum of Arts and Design New York

The New Museum New York

New York Art Residencies and Studio (NARS) New York

New York Foundation for the Arts New York

New York Public Library New York

Nu-Garde Gallery New York

Pace Gallery New York

Phillips New York

Richard L. Feigen Gallery New York

Richard Tattinger Gallery New York

Robert Mann Gallery New York

Saatchi Art New York

SCHEUBLEIN Art & Auktionen KG Munich

Sharjah Art FoundationSharjah, UAE

Skarstedt Gallery New York

Sotheby’s New York, Paris

Spanierman Gallery New York

Stavanger Kunstmuseum Stavanger, Norway

Tate Gallery London, England

The Armory Show New York

The Heller Group - Art Advisory New York

Thea Westreich Art Advisory Services New York

Wenham Historical Association Massachusetts

Winston Art Group New York

 


* There are currently over 100 alumni permanently employed in the Christie’s group of companies

 

Christie’s Education New York is accredited by the New York State Board of Regents and the Commissioner of Education in their capacity as a nationally recognized accrediting agency. Christie’s Education New York has been designated as a graduate degree-granting institution by the New York State Board of Regents and its programs are registered with the New York State Education Department, Office of Higher Education, 89 Washington Avenue, 9th Floor, Albany, New York 12234, 518-474-1551.

For further details, please see relevant links below:

 

Tuition and Fees 2017–2018

Due one month after acceptance
Tuition Deposit
$1,000.00


Due August 10, 2017

Fall Term Tuition Payment
$16,640.00

Library and Media Fee
$528.00

Student Registration and Services Fee
$654.00

F-1 International Student Services Fee
$95.00


Due December 5, 2017
Winter Term Tuition Payment
$16,170.00

Due March 6, 2018
Spring Term Tuition Payment
$17,640.00


Due August 10, 2018
Fall AY 2 Tuition Payment
$7,350.00


$1,470.00 per credit; total program is 40 credits

*The F-1 International Student Service Fee only applicable for international students who require a visa to study in US.

 

Dr. Veronique Chagnon-Burke, Academic Director

Noah Kupferman, Program Director

Dr. Agnes Berecz, Associate Professor

Visiting Lecturers to be announced.

 
We use cookies to improve your online experience. If you continue to use our website, we will assume you are happy about this.